Commodity options trading graduate programme

Over the course of twelve months, you will rotate and work in several functions, including Operations, Chartering, Trading, Treasury, Trade Finance, Risk and Administration. HR and you will further meet with representatives from the business side. You will get an understanding of the daily tasks and how our business units work together. We offer a Graduate Programme to develop young talents for the challenges and dynamics of the international commodity trading business. You will need to show your ability to learn quickly, assume responsibility and engage your personality! Intake for various locations worldwide, including but not limited to Switzerland, Romania, Singapore and USA. Please also mention which field of activity would appeal to you the most. Your application has to include a CV, copies of relevant diplomas and work references, as well as a motivational letter.

Our Graduate Programme is your entry point into a diverse industry and will set you up for a rewarding career. We will ask you why at interview. Geneva, Houston, Johannesburg, Mumbai, Montevideo, Rio, Shanghai, Singapore, Stamford. This ensures they are equipped with the increased cultural awareness and business development skills required for a long term, successful career. The programme encourages an entrepreneurial attitude where participants are highly visible and are expected to create opportunities for themselves through exponential performance and networking. As part of the 2 year programme you will have the opportunity to carry out one of three 8 month rotations in a different country to that of your initial application. It may take you several years to become sufficiently qualified to the level employers look for. Completing qualifications to become a member of the CISI is advisable as it shows commitment to the profession and can improve job prospects.

Commodity brokers are usually educated to degree level, and it can be harder for school leavers to find employment in this profession. Computer literacy is essential as the majority of trading is now automated. Most opportunities arise in London and other major cities. However, long working hours and high levels of stress are common. To succeed, candidates need to be ambitious, determined and able to cope with stress. Traditionally, commodity brokers buy and sell goods such as oil, grain, metals, sugar and coffee on behalf of their clients. ICE Futures and Euronext.

You can then study for higher level qualifications to become a member of the CISI. Commodity brokering is a career that offers high levels of responsibility, good opportunities for promotion and impressive financial rewards including generous salaries and large bonuses. Early applications to major employers are advisable. What does a commodity broker do? Recruiters commonly have a lengthy and rigorous application procedure designed to identify motivated graduates who possess outstanding personal qualities and intellectual abilities. Vacancies are advertised by careers services, financial recruitment agencies, in The London Evening Standard, The Financial Times, national newspapers, and specialist publications such as The Economist. Ripped Max Muscle is a characteristic muscle building supplement which furnishes your. So for me this is a no go because of lower growth and learning opportunities, lower remuneration. And oil major is one of the best place to start as they are the only few that intend to groom graduates to be trader. Some of these guys make more than some traders.

Your job will be to know everything that happens, why it happened, how it will effect price and when it will cease to effect price. This successful supplement Max Muscle Xtreme works adequately to give a more elevated amount of fulfillment. AE may be multiple drug abuse. You know that churning feeling in the pit of your stomach when you lose money? Among physical commodity trading the top houses are Mercuria, Bunge, Trafigura, Cargill, ADM, LDC and etc. What if you flunk your track record after 3 years? Speaking from personal experience, I took the latter route and after 5 years I am beginning to regret my decision. MBA and live a comfortable life.

There is no hiding from your PNL. And there is zero, I mean zero, way to put a positive spin on the results. Shell given the structure of their programs but the same structure can also work against fast upward mobility. On the other hand athletes use different types of drugs to counter side effects: hCG, thyroid hormones, anti estrogens, anti. Some of the guys who handle risk are basically quants. People will probably ask your opinion on a certain event and you will be expected to speak fluently of market developments and prospects.

If it helps, though, most BB commodities stuff is going to be helping clients hedge, in one form or another. Go the physical route if you want to make a career with valuable, transferable skills. How to be comfortable with risk. The commodities markets are volatile and unforgiving and will punish a poorly researched position. That means minimal physical interaction, really just to the extent you need to know it. Unlike the physical shop, you will focus on a specific suite of niche products. It specifically satisfies important necessity of cell reinforcements and supplements in. PNL on the close, on the open and in the middle of the night. If any of these three things occur, your uphill struggle just got harder. There is also the reputational risk: what if you blow up? Lots of people on here seem to assume this is like a legal or binding definition.

It is a supplement which is planned extraordinarily to upgrade the execution of competitors by every normal mean. It used to be different, and importantly a few shops will still do physical, but the direction things are going points to that becoming less and less of a thing. It really depends on what your goal is. Only after 5 years is that churning feeling beginning to fade and I guess that is what many of the great value investors have learned in their respective industries; the importance remaining confident in your own views and analysis and keeping a cool, level head when things get tough. Shell, BP and Chevron also trade physical but the environment at the trading desk is less competitive and more risk adverse. Precious few people in this industry have ever actually loaded a tanker or pipeline with crude oil. PnL from a reputable bank. Given the amount of products, aforementioned jobs to be done. What if your shop blows up? GOP wipeout in Virginia Republicans, there is no sugarcoating the VA election result tonight.

Because of your breadth of experience, you will be an attractive candidate if you choose to leave and you will have more exit opportunities. You will become a subject matter expert in anything and everything to do with those products. In 2013, wholesale trade accounted for 1 in 10 jobs in Singapore. Exclusively offered through the following undergraduate programmes as an additional specialisation or track option, the ITP will provide the key foundation and gateway to attractive careers in the lucrative commodity trading sector and value chain. The knowledge and training in commodity trading will benefit students in complementing their business and technical knowledge and therefore broaden their career prospects, presenting greater career options and a stepping stone for those looking to launch their careers in the lucrative commodity trading sector and value chain. MSB curriculum and will be counted towards the ITP specialisation. In AY2015, a new ITP track option within BAF will be introduced for students matriculating in Aug 2015. VA growth between 2002 and 2012.

The global commodity trading corporations present opportunities for graduates with technical competencies in the trading industry. It is estimated that Singapore will need to grow the specialised talent pool for the trading sector by approximately 500 per year to ensure a healthy pipeline of talent to fuel and sustain the continued growth of the sector. Students will profit valuable exposure and the chance to network in the global trading arena. Ask 20 questions, be curious, be humble, be open and if you have the right skill sets and the drive, you will thrive in this space. John Lo walks through office facing camera. Shots of men looking at screens, a line of men sitting in a meeting room, a man and woman chatting by a desk, a man talking and laughing to colleagues next to his desk, a man working with a microphone in front of multiple screens and a man working in front of six screens. Wider angle of the same shot showing Karrie Truath and the man talking. The Trader Qualities refer to a set of behaviours which are central to effective performance across a range of roles in trading. And secondly, I think Shell trading has an advantage over other financial institutions or the trading house because Shell has such large physical assets across all the regions.

Trader Development Programme on the crude trading desk, based in London. Sophie sitting at desk in front of computer. Slowly coming into focus beyond the flags, two ladies wearing headsets at work, each with three screens in front of them. Shot of Sophie walking through busy office with many people working at desks. Life never stands still in trading. Please see below for a brief outline of each assessment.

My name is Sophie. Shot of three people sitting close together and discussing amongst themselves. Shell within the past year and a half. Instrumental music featuring plucked electric guitars. Shot of an open doorway to an office. One lady is gesticulating while the other looks down at something on her desk. So a strong sense of business ethics is important to us. Christine at her desk. They provide the support and they give me advice where I need to go next in order for me to become a trader in the future. London, Houston, Dubai, Singapore, Beijing and Brazil.

Close up of hand on mouse. We have built a tremendous business, adding enormous value. Sophie moves to another desk to talk to colleague. Shell Pecten centred on a white background with text displaying below. Shot of many monitors with changing information onscreen. View across the tops of some screens of two men sitting next to each other in discussion.

Christine and a female colleague on the trade floor talking, lots of screens to the side. Sophie talks to camera. They occupy an influential position in the business; we trust them to shape our prosperity and generate commercial value. Dong Yuan talking to a male colleague sat beside him. We have hubs in Dubai, Houston, London, Rotterdam and Singapore, trading in crude oil, natural gas, LNG, electrical power, refined products, chemical feedstocks and environmental products. Shots of monitors showing various graphs and charts and maps. The first one is the people.

Shot of man handing over some papers. We also trade gas, electricity and environmental products like CO2 permits. Shell instead of acting as individual companies. Close up of female working at desk. Christine smiles as the colleague turns and walks away. Shot of two female colleagues at a desk.

Shell Deer Park Refinery and then went on to an operations role in the natural gas liquids trading group, became a trader in that group, and then moved onto the crude trading group from there. First of all I think the strong analytical skills have definitely helped me. You have to be comfortable with risk. Our traders, they normally visit their counterparties or refineries, from junior analyst level we also work closely with colleagues from parts of the organisation just to get the information flow and the information flow in this place is very important. Shot of various monitors side by side on desk. Coming into focus is Christine talking to a colleague. As a trader, the stronger the relationships you build, the better the deals you can strike. This is a highly open, collaborative environment where we achieve results through teamwork.

Shot shows her hand on mouse. So early on I got a business mentor as well as a technical mentor to help me through that journey, and both my line manager and my colleagues and my HR business partner were fantastic about reducing, as well call it, my time to autonomy. Supply is to talk to some of the people here, find out what they really do and back yourself and give it a go. So I spent a couple of years in Houston learning about Shell, learning about the oil and gas business, came here to London and now I lead our technology and innovation organisation, creating overall maritime solutions for group business. Sophie sitting at desk making notes. Monitor with flickering figure in various colour. Shots of Holly crossing the street holding a coffee and approaching main entrance to her office building. The business is very exciting because we have new challenges and new opportunities almost every day and we have to react very quickly to capture those opportunities. Sophie walks through office and stops to talk to man on her way.

Sophie talking to colleague. The camera pans left to show several monitors. View down a line of workstations of a woman explaining something to another woman at her desk as they look at a screen. What I enjoy most about my job is the ups and downs that we go through; it is a rollercoaster every single day. Shot of three male team members sat down, the one in the middle speaking. Dong Yuan briefly putting his arm around the male colleague sat next to him and then laughing.

Holly and explaining something; Holly and a man standing by her desk, chatting and laughing. US navy before joining Shell. At the end of the interview there will be some questions to help us identify why you are interested in the TDP. John sitting at desk working on computer. We trade around the flows that that gives us, adding value to Shell. Our frontline traders come from a great variety of backgrounds: some are engineers; some are geologists; some are sales staff. Wider angle of the same shot of Dong Yuan at his terminal looking at the screens in front of him.

Naturally, we invest heavily in nurturing the next crop, both financially and in terms of the time and attention we devote to our trainees. It also involves the ability to produces useful, creative, and innovative solutions to problems. Advices for someone to inspire to be in my role? And having the ability to monetarise those opportunities really excites me and feel very rewarding, not only to me, but also to my team. Work life balance is cited often. For somebody to aspire to be in my role, he or she needs to be able to identify your aspirations early in your career, work on those gaps as well as having the broadening assignments early on in your career will help you to achieve your aspirations.

Side shot of Christine at her desk, three screens in front of her. Christine Sullivan walking through the trade floor. Shot panning right to left of various computer screens next to each other, each one displaying something different. Dong Yuan and his two of his team members talking. Man pointing to map. Holly approaching and entering a meeting room, holding some documents. Shot of Dong Yuan standing up in front of a desk with three computer screens on. Sped up, overhead view of the trade floor, people at work. Dong Yuan looking out in front of him.

Man pointing at map. Panning shots of people sitting in front of multiple screens in a large office and three men through the glass of a meeting room. Close up of a trading index scrolling down on screen. Shell and my understanding of the leader is we have to be truthful to the people who work with us and who work for us, and we have to take care of them and inspire them, create enough space for them to do their job properly. That makes it quite complicated, so you need to be able to work as a team. This is actually a pretty accommodative environment I would say.

He stops as one of the men sat down starts speaking to him. Christine and a female colleague on the trade floor. Sophie walks through office and stops to talk to someone. Close up shot of John. Shot panning right to left of several men at their desks, the man in the middle looking up and speaking. Behind those, a very large screen mounted on the wall displaying a world map.

Close up of Sophie taking notes. Panning shot from behind a man sat in front of multiple computer screens displaying data, speeds up briefly as camera passes the back of his head. Christine nods and they begin talking. Lifei at desk looking at monitor. Various shots of female workers sitting at desk looking at monitors. Panning shots of three men listening and one asks a question. Camera pans over monitors showing graphs and charts.

Sophie at desk talking to someone at her side. Panning shot of a large working office environment. To the left, a blue and white sign with text reading Huddle Room. Lifei sitting at desk talking to man. She shakes hands with a man whose back is facing the camera. We manage a lot of physical oil. Dong Yuan walking through a wide corridor approaching the camera. Side, close up shot of John.

Supply is a perfect organisation where you can build that network, build your understanding and build better relationships that are going to help you be a better professional. Shell ten years ago. Andrew speaking to camera, sitting in front of the office background. The Stage 1: Phone Interview consists of two assessments: A Commercial Case Study, and a Competency Based Interview. As you can see right now, I bring myself, my whole self to work every day, so authenticity has served me well throughout my whole career. Pan right to show Karrie Truath listening and then talking to the aforementioned man. Following Holly along a corridor, approaching a lady standing by a Shell sign, smiling as they begin talking.

Christine pointing at a screen and talking. You see that moving up, hopefully, on a daily basis and it just makes you want to do more. Shell is providing; lower CO2 footprint, bringing green solutions, and every one of us in Shell has the ability to impact that and really impact the world. Back to shot of Dong Yuan and his two team members as Dong Yuan starts laughing. What they have in common is that commercial drive. You see those things right through and people get a real buzz out of that. Collaboration is incredibly important. The shot slowly goes out of focus.

Shots of Tahir sitting next to a woman at her desk as she talks and shows him documents. Shot of a man wearing a headset speaking surrounded by computer screens. So the Trader Development Programme is a structured programme helping to develop the junior traders to get the experience they need to become a trader. Shot of monitor showing different coloured flickering figures changing. Close up of people working at desk and man pointing at monitor. It is very liberating. But collaboration, particularly as an XP hire, as an experienced professional hire has been the most important because I needed to build relationships very quickly in Shell to understand the business, but also to make those key contributions. Shot of Christine walking through the shop floor approaching the camera. So in trading you have one main job scope which is to make the company more profitable and the rest of the detailed stuff, a lot of them are in your own hands, you define your own job scope.

Karrie Truath speaking and smiling. Shots of her sitting at the table discussing the documents with a lady. Shot of a man talking and gesticulating to the lady sat next to him. Monitors showing flickering coloured numbers. Karrie Truath, computer screens all around her. Sophie talking to camera. What I enjoy most about my work is the unpredictability of the future. The screen shows columns of figures in different colours. Trader Capacity: This refers to the ability to analyse and synthesise multiple sources of information, and understand the strategic context and commercial factors in which the Trading organisation operates.

Various scenes of people working at desks. Karrie Truath sat looking at two computer screens in front of her. And the second piece of advice I would give is that you need to balance your work and life. Lifei Liao talks about her job since joining the Trader Graduate Program at Shell. Zoomed out shot of the same man gesticulating and speaking to two colleagues sat either side of him. On a daily basis we do all the analysis work to help the team to form trading decisions. Men sitting round a table as one explains something to the man next to him.

So as we broadened so other skillsets are much, become much more useful to us and we found great successes in people recently. Shot of a man typing on his keyboard. View from behind of lade looking at monitors which show different numbers, changing quickly. And the second bit is my ability to contribute to the world. Lifei and man talking to each other. COMPETENCY BASED INTERVIEW: In the competency based interview, your interviewer will ask you a series of questions to learn more about some of your relevant past experiences and, in particular, how you dealt with specific situations.

Terminal operations, pipeline company operations as well as logistics coordination in Asia. Panning shot of Holly working at the screens. John Lo talking, facing camera. Can you think outside the tactical? COMMERCIAL CASE STUDY: In the case study you will be presented with a commercial problem and asked a series of questions to assess your capacity for strategic thinking, numerical ability, and ability to propose solutions to problems. Dong Yuan as he walks past. Karrie Truath sat at a desk smiling and speaking, a man beside her.

Close up of Sophie talking to camera. Shell five years ago as an experienced hire. Trader Ready and fully equipped to apply for a permanent Trader role with us. Shot of a man and a lady at their desks talking, several computer screens in front of them. Sophie talking to line manager or mentor in booth. Supply organisation is building a network because the skill sets that are required across this chain are so vast and no one can know everything. Sophie and a colleague sit at table in restaurant drinking coffee.

Our teams trade the equivalent of 13 million barrels of oil every single day. Christine and some male colleagues. Side shot of two men sitting at desk. More shots of Tahir standing in the meeting room, considering then explaining something on the screen. The two ladies turn their heads and look at the man, now coming into focus as he speaks. Holly consulting with colleagues at her desk: a lady sits next to her explaining something. John Lo seen seen walking towards camera through bright, white office. Diversity is hugely important to us, so this could be in any number of fields.

Scene from behind of two men in front of a bank of monitors. Shot of Dong Yuan and two of his team members sat down looking out in front of them. So this is a constant unknown situation, vast information for us to process, constant improvement and you will get to know about whether we are right or wrong immediately when you think the market is going to go up, you go long, and you will see whether we make a profit or not. The best traders are team players. Shots of screen displaying trading indices and graphs. Shell about six years ago as a Trader Graduate Program participant because I heard as a company that takes care of its employees very well in terms of development. You can choose to be, like, a master of a specific market or a specific trading type or, I personally have chosen, I want to be a jack of many and a master of none.

Moving shot taken inside the huddle room of Christine talking and gesticulating. We trade a variety of products: We trade crude oils around the world; we trade finished products like gasoline and diesel and fuel oil and the components that we use to make those. Shot of a group of men talking, one of them looking upwards. Close up shot of John talking. Beside him, a female colleague. First of all I think trading is a very fast paced environment, working in trading can have a direct impact on the bottom line. Shot of several men at their desks, one man in the middle is speaking. In trading, the risks you take must be calculated and the decisions you make considered. Slowly coming into focus, Christine and a female colleague in the huddle room discussing something.

Shot of screen displaying flashing trading indices. Bank of monitors showing different figures. He greets a man by his computer. Side view of Christine listening to a female colleague standing beside her. Dong Yuan sitting down looking at a paper on his lap, nodding. Lifei working at desk looking at monitor showing maps and colums of figures.

So I want to understand trading at its most simplest level; like, if I trade gas and oil, I can trade widgets and corn, you know. Christine speaking to the female colleague. One piece is to stay positive. President of Shell North America LNG Tahir Faruqui describes what he looks for in a candidate and why he enjoys his job. Lifei points at something on monitor. Dong Yuan looking at a paper on his lap, his team members sat around him.

Close up of Lifei talking to camera. Shell VP of trading and supply products, Mark Quartermain. Shell has hubs in Dubai, Houston, London, Rotterdam, Singapore and Brazil, trading in crude oil, natural gas, LNG, electrical power, refined products, chemical feedstocks and environmental products. Moving shot across the trade floor showing people at their terminals, several screens in front of them. Panning shot of trading indices on a screen. It will help you develop the skills and profit the experience required to build a successful trading career with us. Following Tahir through an office.

The energy, the professionalism, the drive, the knowledge, the capabilities we have, really second to none. Holly working at her desk. In front of him, coming into focus, one the desktop screens displaying a Shell website. View down a line of workstations of people at work. Christine at her desk comes into focus. Dong Yuan getting settled at his desk. The screen goes out of focus, whilst Dong Yuan comes into focus. Shot of a digital clock showing the different local times in Lagos, Moscow, Tokyo, Singapore and Bangkok. But then on a personal development perspective, the opportunity to grow in Shell, who are such a large company, there are so many different business lines, different areas where you can apply your skills, that to me is a huge selling point for Shell, a big employee value proposition, if you will.

Trader Achievement: This refers to the ability to learn quickly and continuously, persevering despite obstacles in a challenging environment. Man talks to Sophie. Lifei talking to man at desk. Shell regional team leader, Dong Yuan. Sophie Tao talks about her job on the Trader Development Programme on the crude trading desk, based in London. Camera pans slowly to show a side shot of John. Andrew speaking to camera, sitting in front of a glass screen with a large office in the background. And being able to capture those values immediately is very rewarding for both myself and my operators. Panning shot of a map on a screen.

Can you have a vision? Coming into focus, a shot of Christine at her terminal. They come in with all sorts of backgrounds. How can this programme help my company? For more information, please click here. For further information see individual company websites. Not all jobs may be advertised so it is advisable to write speculative applications, expressing your interest and your suitability should a post arise, and enclose an informative, targeted CV. Income figures are intended as a guide only. The work is office based and the vast majority of opportunities are in London.

In addition to this, there are thousands of firms, which include insurance companies, investment houses and financial advisers. Very high earnings are possible, especially for proprietary traders, who are often paid a bonus equivalent to a proportion of the profits made. Traders in sales are more focused on the relationships with clients. They analyse and market new financial offers that they believe will be attractive to their clients. Ask your family, friends and associates to see if anyone can put you in touch with someone working in the field. Specialist investment management firms employ a small number of traders. Competition for entry is intense. This could curtail proprietary trading but banks have until 2019 to implement the changes. Traders often have to take the examinations relevant to other European exchanges.

It would be normal for traders to reach associate level about two to three years after their graduation. Generally, vacancies are limited and the entry standards are consistently high. Foreign language skills are an advantage as banks are expanding globally, not just in Europe but also in Asia and Latin America. The work is demanding and trading can be hectic. Investment banks have a high profile in the City and recruit significant numbers of graduates during peaks in the economic cycle. An assessment may include interviews and psychometric tests, sometimes all in one day. Regular moves between banks are possible at all levels, although such moves are more common from associate level and above.

Banks may start to fill positions once applications open so you are strongly advised to apply early. Check with your university careers service for a list of past students working in the industry who are happy to be contacted. Closing dates are normally in late October and early November for opportunities starting in the following summer or autumn. The vast majority of traders are employed by investment banks. You must be able to promote yourself effectively and give evidence of the reasons you believe you will be successful in this career. Overseas travel is occasionally required and, depending on the client base, is likely at least once a month for traders in sales.

The City is made up of a number of financial institutions involved in banking, asset management, insurance, and services to business. Treasury departments of very large companies may employ a few traders, but this is less common. As many trading banks are international, there are opportunities to work in other locations and countries. This training is supplemented by lectures, seminars and conferences. There is keen competition between investment banks and selection is equally rigorous. Graduate trainees are expected to learn quickly from other traders when starting out and need to be prepared to take on some menial tasks, such as data analysis and administrative duties, to assist other traders. Training is provided on the job and is often organised on a rotational desk basis. If you have proved yourself after about five years, it is usual to be given responsibility for a small team, possibly two or three small teams, and then to head up a new desk trading a new product or in a new country. Get more tips on how to find a job, create a successful CV and cover letter, and prepare for interviews.

Entry without a degree or HND is difficult, although it may be possible to enter the industry in administrative roles, make contacts, and eventually move into trader positions. They are intermediaries between the client and the market maker. Products include securities and other assets such as futures, options and commodities. An investment bank is usually a financial house whose role is to finance the trading and commercial activities of others and themselves. If traders are specialising in a product for a specific country, language training is frequently provided. As a financial trader, you will buy and sell shares, bonds and assets for investors, including individuals and banks. Institute to complete the CFA programme.

While there are many similarities in the work of flow and proprietary traders and those working in sales, their roles differ substantially. CISI may take the CISI Diploma or, more often, the CFA programme from the Chartered Financial Analyst Institute. The major investment banks have offices in financial centres throughout the world. You are required to become an approved person by the . Read the financial press, attend presentations and do thorough research about potential employers and the opportunities they offer. After associate level, the numbers able to reach executive director level are significantly lower.

Networking and following up contacts can be useful in finding jobs. Most traders work in the City, which describes the UK financial services sector rather than a physical place.